State’s Economy Drives Out Businesses, People
Across New York, families and businesses are facing an affordability crisis that is making it increasingly difficult to live, work, and stay here. High taxes, rising energy costs, burdensome regulations and the ever-growing cost of living are pushing people to leave the state. The data tells a troubling story. Since Governor Kathy Hochul took office in 2021, more than 1,045,000 people have left New York for other states through domestic migration. Recent data shows that in just the past year alone, New York lost more than 137,000 residents to other states, bringing the five-year total ...